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ADELAIDE, Nov 26 AAP

November 26 2012, 10:52AM

The South Australian parliament will review the state's tax system.

The economic and finance committee will conduct the review after the government accepted a motion from the Liberal opposition.

Opposition treasury spokesman Iain Evans said the terms of reference would be broad and would allow submissions from any interested parties.

"This will give South Australia a chance to have a say on the South Australian tax system, including local government rates," Mr Evans said.

The opposition says South Australians pay more in land tax, insurance duties and stamp duties than taxpayers in other states.

Treasurer Jack Snelling says that because of the state's tight budgetary position, any changes recommended by the review would need to be revenue neutral.